Why Indian exports are doing well in 2nd Covid wave
NEW DELHI : A revival in global demand has seen India’s exports surge in April with segments like gems and jewellery and engineering goods seeing a sharp increase during the month. A close look
Russian businesses keen to invest in Bangladesh’s ship building
CHITTAGONG : President of Prime Chamber of Commerce and Industry of Vladivostok of Russian Federation Boris Stupnitsky said Russian businessmen are interested to invest in ship building and heavy industry sectors in Bangladesh. “Russian
DPT,JNPT & APSEZ resume operations post the Cyclone Tauktae closure
GANDHIDHAM : After being suspended for about two days due to the threat from ‘Cyclone Tauktae’, which crossed the Mumbai/Maharashtra coast on the evening of May 17, 2021 and the Gujarat coast on the
Concessional import duty rules simplified: CBIC
NEW DELHI : Businesses have been given more flexibility in using machines and materials imported at concessional duty for export production, said an official statement from the Central Board of Indirect Taxes and Customs
Dredging Corporation commences dredging work at Cochin Port
KOCHI : Dredging Corporation of India Limited (DCI) has won an annual maintenance dredging contract valued at ₹122.50 crore from Cochin Port Trust. The work, awarded through a tender, includes maintaining the channel and
ZIM Reports Financial Results for the First Quarter of 2021
HAIFA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three months ended March 31, 2021. First Quarter 2021 Highlights Net income for
Röhlig Logistics further expands its global network and opens two new offices in India
BREMEN : Röhlig Logistics is expanding its network in India with two more offices in Hyderabad and Vizag. The two locations were chosen due to their growing potential for customers from the pharmaceutical industry as well
New IMO measures to address containers lost at sea
LONDON : The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) has agreed to initiate new measures to detect and report containers lost at sea, which may enhance their positioning, tracking and recovery. As
E-way bill integrated with FasTag, RFID; GST officers to get real-time data of commercial vehicles
NEW DELHI : GST officers have been armed with real-time data of commercial vehicle movement on highways with integration of the e-way bill (EWB) system with FasTag and RFID, a move which will help
CCI approves APSEZ’s 25% additional stake acquisition in Krishnapatnam port
MUMBAI :The Competition Commission of India (CCI) on Tuesday gave nod to proposed acquisition of additional 25 per cent stake of Adani Krishnapatnam Port Ltd by Adani Ports and Special Economic Zone Ltd. The